Federal Reserve Governor Waller: Opposes a rate cut this month, no issue with expectations of two rate cuts within two years

ChainCatcher news, according to Jin Shi reports, Federal Reserve Governor Waller stated on Thursday that he strongly opposes a rate cut at the upcoming policy meeting this month, although he believes that if inflationary pressures continue to ease, a rate cut later this year is still possible. Waller mentioned that he does not have enough inflation data to determine whether a rate cut should be made, especially given the significant uncertainty caused by President Trump's trade policies.

In the long term, Waller stated that the monetary policy outlook presented by officials at the December meeting still appears credible. He noted that the prediction of two rate cuts this year and next year is reasonable, saying, "I think that number is fine, even if the actual outcomes differ slightly."

The Federal Reserve Governor also indicated that when assessing inflation expectations, he pays more attention to market indicators rather than survey data. In this regard, the information from market pricing suggests that traders and investors believe that the targets of Trump's current policies do not have a real impact on long-term inflation.